Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

BAKU, Azerbaijan, Dec.19

By Zeyni Jafarov – Trend:

The official exchange rate of the Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) remained unchanged last week.

Accordingly, last week, the average rate was 1.7 AZN/1 USD.

Official AZN/USD exchange rate

December 7

1.7

December 14

1.7

December 8

1.7

December 15

1.7

December 9

1.7

December 16

1.7

December 10

1.7

December 17

1.7

December 11

1.7

December 18

1.7

Average weekly

1.7

Average weekly

1.7

The official rate of the manat against the euro decreased by 0.0187 manat.

The average AZN/EUR rate was 2.071. Accordingly, the average price of manat compared to this currency went up by 0.0096 manat (0.5 percent).

Official AZN/EUR exchange rate

December 7

2.0628

December 14

2.0625

December 8

2.0594

December 15

2.0652

December 9

2.0616

December 16

2.0675

December 10

2.0564

December 17

2.0786

December 11

2.0669

December 18

2.0812

Average weekly

2.0614

Average weekly

2.071

The official rate of the manat against the ruble went up by 0.0001.

The average AZN/RUB rate was 0.0232. Accordingly, the average price of manat compared to this currency rose by 0.0001 manat (0.4 percent).

Official AZN/RUB exchange rate

December 7

0.0229

December 14

0.0233

December 8

0.023

December 15

0.023

December 9

0.0232

December 16

0.0232

December 10

0.0231

December 17

0.0232

December 11

0.0233

December 18

0.0232

Average weekly

0.0231

Average weekly

0.0232

The official rate of the manat against the Turkish lira dropped by 0.0043 manat. The average AZN/RUB rate was 0.02175. Accordingly, the average price of manat compared to this currency increased by 0.0005 manat (0.1 percent).

The average AZN/TRY rate was 0.217. Accordingly, the average price of manat compared to this currency rose has remained unchanged.

Official AZN/TRY exchange rate

December 7

0.2175

December 14

0.2162

December 8

0.2177

December 15

0.2161

December 9

0.2175

December 16

0.2169

December 10

0.2171

December 17

0.218

December 11

0.2153

December 18

0.2205

Average weekly

0.217

Average weekly

0.2175

---

Follow the author on Twitter: @jafarov_zeyni

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